Bitcoin drops below $80,000 as crypto ignores Asian tech rally, Fed meeting begins
Bitcoin fell 0.4% to around $79,700 since midnight UTC while Asian tech stocks rallied. The DeFi index dropped 1.8%, and the Fed is set to begin a two-day meeting.
Watchlist
Published in the last two hours. Multiple named entities are involved.
Why this matters
Bitcoin is showing up inside the Macro & Rates theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CoinDeskRelated market context
Bitcoin Briefly Dips Below $80,000 as AI Worries Weigh on Asian Stocks Before the Fed Decides
Bitcoin slipped under $80,000 during Asian trading hours on Monday, Oct. 26, and stood at $79,785 at 08:07 UTC. It was back at $80...
Ripple Gets Final Federal Approval for a Trust Bank to Manage Its Stablecoin’s Reserves
Ripple announced on Oct. 26 that its trust bank has received its final federal charter, creating a federally supervised entity to...
Ripple Wins Final OCC Trust Bank Approval, Putting $2.5B RLUSD Under Federal Oversight
Key Takeaways: Ripple received final OCC authorization for its national trust bank. The bank will back up both reserves (RLUSD) an...
Bitcoin Price Hovers Near $80,000 as Traders Await Fed Decision
Bitcoin Magazine Bitcoin Price Hovers Near $80,000 as Traders Await Fed Decision Bitcoin price traded near $80,000 on Monday, afte...
XRP Eyes $15 as Ripple Wins Final Bank Approval Ahead of Swell
Ripple has secured final U.S. approval for its national trust bank, giving XRP investors another reason to watch the coin as Swell...
Bitcoin’s Bear Market Is Over, Galaxy Says
Bitcoin Magazine Bitcoin’s Bear Market Is Over, Galaxy Says Galaxy Research believes bitcoin’s bear market ended in June and that...